Common Room (HDB) for Rent in 918 Hougang Avenue 9

The valuation of the HDB 2 Room unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $119,015, translating to a price per square foot of $793. This assessment is grounded in robust market data, reflecting a comprehensive analysis of 115 recent HDB resale transactions within the vicinity. The stability of the estimated value, indicated by a 0% difference from the baseline market price, suggests a balanced demand and supply dynamic within this segment. Such consistency is indicative of the enduring appeal of Hougang as a residential choice, particularly for young families and first-time homebuyers.

With a remaining lease of 75 years, this property not only offers ample occupancy duration but also positions itself within a market that is increasingly sensitive to leasehold dynamics. The high model confidence associated with this valuation further reinforces the accuracy of the projected price, underscoring the reliability of the underlying data. As Singapore's real estate landscape continues to evolve, properties like this HDB unit in Hougang remain attractive for both investment and end-user purposes, supported by stable market fundamentals and a growing community infrastructure.